FAA4.A Financial Accounts (FIAC) : 02 Financial Accounts - Overview
02 Financial Accounts - Overview
Financial accounts may be determined countable or not countable, depending on the program. The resource limit amounts for each program are as follows:
 
 
WARNING
Monies that have already been counted as income in a given month must not be counted as a resource in the same month. Count any money remaining in the following month as a resource.
 
Consider all countable financial accounts that are available to the budgetary unit when determining eligibility.
 
EXCEPTION
Up to $2,000 in financial accounts per household is not countable as a resource for Pascua Yaqui Tribal TANF cases.
Key the first $2,000 in financial accounts on FIAC using the OF Financial Account Code.
 
Policy and procedures for treatment of financial accounts are outlined as follows: